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Scalekit Nets $5.5 Mn To Bolster Its Authentication Stack For AI Apps

India, Sept. 17 -- Former Freshworks executive Satya Devarakonda's AI-powered SaaS startup Scalekit has raised $5.5 Mn (INR 48.4 Cr) as part of its seed round co-led by Together Fund and Z47. The rou... Read More


Centre Looking To Launch Satcom Services By Jan 2026

India, Sept. 16 -- The government is reportedly keen on launching satellite communication (satcom) services in the country by January 2026. The telecom department's (DoT) highest decision-making body... Read More


CRED's Next Big Play, MyPickup Shuts Shop & More

India, Sept. 16 -- CRED Doubles Down On Luxury The fintech unicorn has launched new offerings - a cobranded credit card and a concierge service called Sovereign - as well as sharpened its arsenal of ... Read More


RBI Issues New Master Directions For Payment Aggregators

India, Sept. 16 -- The Reserve Bank of India (RBI) on Monday (September 15) issued new master directions to regulate payment aggregators (PAs) in the country. Called Reserve Bank of India (Regulation... Read More


The Return Of Smart Glasses, Hike Shuts Shop & More

India, Sept. 15 -- India's Mixed Reality Experience Smart glasses are making a comeback of sorts in India. What was once written off as a novelty, following Google Glass's infamous crash, is now attr... Read More


Flipkart's B2C Arm Crosses INR 20,000 Cr Revenue Mark In FY25

India, Sept. 13 -- Flipkart Internet, the ecommerce major's marketplace arm, crossed the INR 20,000 Cr revenue mark in FY25. The company's operating revenue rose 14.4% to INR 20,493 Cr in the fiscal u... Read More


Centre Launches INR 100 Cr Scheme To Back Green Hydrogen Startups

India, Sept. 12 -- Renewable energy minister Pralhad Joshi announced a new INR 100 Cr R&D scheme to back "innovative" green hydrogen startups. Addressing the maiden green hydrogen R&D Conference, Jos... Read More


Can PW Redeem Indian Edtech, Zupee Axes 170 Jobs & More

India, Sept. 12 -- Can PhysicsWallah Break The Edtech Jinx? Days ago, PhysicsWallah submitted its updated DRHP with SEBI for an INR 3,280 Cr public listing. Amid the dilapidated state of Indian edtec... Read More


The Q-Comm Ad Rush, Games24x7 Axes 500 Jobs & More

India, Sept. 11 -- The Quick Commerce Ad Goldmine The quick commerce arena has turned into a marketing battleground. What started as a convenience play has evolved into India's newest advertising gol... Read More


After RMG Ban, Games24x7 To Layoffs 500 Employees

India, Sept. 10 -- Following the Centre's ban on online real money gaming (RMG), gaming unicorn Games24x7 has now reportedly begun laying off nearly 70% of its workforce. Sources told news agency PTI... Read More